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Saturday, September 5, 2026
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Personal Fianance

Dangote Refinery Landmark IPO to Launch Within 12 Days

Aliko Dangote confirmed on September 3, 2026, that the long-anticipated Initial Public Offering (IPO) of Dangote Petroleum Refinery & Petrochemicals will open within the...

Nigeria Equities to Outperform S&P 500 as Eurobond Rally Nears Limit, Renaissance Says

Nigeria’s Eurobonds may be nearing the limit of their outperformance against US Treasuries, but the country’s equities could still beat the S&P 500 as...

FTSE Russell Names Ten Nigerian Large Cap Stocks in Frontier Index Return

FTSE Russell has confirmed the first formal list of Nigerian large-cap stocks eligible for its Frontier Index Series, with ten securities — spanning banking,...

Opay Considers Secondary Listing on Nigeria’s NGX

Opay Digital Services Ltd. is considering a secondary listing on Nigeria's stock exchange or NGX after an initial public offering (IPO) in the US,...

Zeenab Foods Launches ₦20 Billion Series 1 Non-Interest Commercial Paper Offering 24% Return

Zeenab Foods Non-Interest Funding SPV Limited—the special purpose funding vehicle of Zeenab Foods Limited—has opened subscription for its Series 1 up to ₦20 billion...

Nigeria’s FTSE Upgrade Revives Bid for MSCI, JPMorgan Index Re-entry

FTSE Russell’s confirmation that Nigeria will be formally readmitted to its Frontier Market Index effective September 21, 2026—ending nearly three years of "Unclassified" status—has...

Stock Market Rakes In N1.38trn Daily Gain

The Nigerian stock market has closed the week on a bullish rally, as investors gained N1.383 trillion on sustained investors interest in blue-chip stocks. The...

Nigeria’s FTSE Return Puts GTCO, Zenith and MTN in Line for Fresh Foreign Flows

Nigeria’s biggest and most liquid shares are set to return to the radar of frontier-market investors after FTSE Russell confirmed the country will regain...

Lagos, Thailand Seek Deeper Economic Ties, Investment Partnerships

Lagos State Government and Thailand have expressed commitment to deepen economic ties through increased investment, technology transfer and joint ventures across key sectors. The government...

Naira Debt Beats Governance as Dollar Loans Crush Nigerian Equity Returns

The biggest risk for investors in Nigerian and other frontier-market equities may not be the quality of a company’s management and governance or the...

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